Tracy McGrady scored 32 points as the Rockets soared to an easy 90-69 win over the short-handed Dallas Mavericks.
Tim Duncan hit a 19-foot jumper just before time expired to give the San Antonio Spurs a dramatic 94-92 win over the Cavaliers.
Jalen Rose scored 26 points as the Toronto Raptors upset the Los Angeles Lakers 108-102.
The South Americans beat Italy 84-69 to win the Olympic men's basketball title for the first time.
The Americans remain in the competition but the setback -- only their third loss in 112 Olympic matches spanning 72 years -- is a huge embarrassment.
Sonil Dedhia/ Rediff.com digs up some lesser-known facts from Sunny Leone's life.
Serena Williams clinched a record 23rd grand slam title at the Australian Open on Saturday but spent most of the immediate aftermath talking about her older sister Venus.
Paris bid leaders said almost all the city's proposed venues were already built or would be temporary facilities as the French capital on Wednesday unveiled plans to host the 2024 Summer Olympics.
Swimmer Michael Klim was among 35 Australian Olympic athletes who posed nude for a calendar released on Tuesday.
'Insignias or not, Dhoni's will remain the deadliest pair of gloves behind the stumps,' notes Shekhar Gupta.